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Businesses For Sale   >>   Illinois Businesses For Sale Categories   >>   

10 Unit Motel - Rural Area

Location  Illinois,United States
Asking Price Range  < $250K
Gross Revenues  $35000
Net Profit / Cash Flow  $15000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1965
Number of Employees  1 - 3
Inventory  120000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Health Problems
Description  Nice 10 unit motel for sale. 50% occupancy 300 days a year. Updated units and all furnishings are included. Homestead attached has 2 bedrooms, and one is a master suite. Living room has a fireplace, and kitchen is modern. Nice fenced-in patio with hot tub. New exterior and roofing. Plenty of land if expanded. Located in small town of about 1,500 on the Mississippi River. It is the only motel in the county. Does a nice business 10 months out of the year. Great business for a stay-at-home mom or for retired folks.
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